Business for sale

Business description

We are informed the turnover in respect of the Village Stores averages £2,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours. Wholesale newsbill - winter months £450 p.w. increasing in the summer months to approx. £550 p.w. We are further advised that the tearooms, which at present only operates on limited hours 4 days per week from April - September has a turnover of approx. £20,000 p.a. in our opinion there is tremendous potential to develop the tearooms and tea garden with additional opening hours. We are further advised that the sales year ending 30th September, 2007 showed - shop sales £100,551, tearooms £16,243, sub post office salary £4,880 providing a total of £121,674 providing a gross profit of £33,260 (before wages).


Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURESE & FITTINGS £97,500 plus STOCK AT VALUATION (£6,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT


Features Most attractive and spacious property, the earliest part dating back to 1587 plus later additions.

Oak Beams. Full Oil Fired Central Heating.

ATTRACTIVE DOUBLE FRONTED SALES SHOP with vinyl floor. Well equipped including 2 upright glass fronted display fridges (1 owned and 1 on loan), ice cream deep freeze (owned), shelving, open cool display unit, counter, electronic cash register, 4 revolving card stands (on loan), small Post Office Counter with anti-bandit screen etc.

ADJOINING TEAROOMS (with own front entrance plus access door to shop). The Tearoom is most attractive and has a ceramic tiled floor, wall lighting. Tables and chairs providing seating for 12 persons. Curved cool display counter, electronic cash register, automatic hot drinks dispenser, filter coffee machine (on loan), upright fridge/freezer.

Small kitchen with ceramic tiled floor, 2 microwave ovens, sink and drainer, small wash hand basin, work surfaces, cupboards etc.

From the Tearooms is access to SPACIOUS TEA GARDEN with tables and chairs providing seating for 48 persons (can be increased).

Fully fitted ladies'/gentlemen's disabled cloakroom


Staff The Village Stores is operated by the vendor and no staff are employed. Whilst 1 staff is employed for the tearooms. 1 newsround undertaken. Delivery 25p per day per paper.


Opening Hours Village Stores
Monday & Tuesday - 8 a.m. - 5 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Wednesday - 8 a.m. - 12 noon
Thursday & Friday - 8 a.m. - 5 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Saturday - 8 a.m. - 1 p.m.
Sunday - 9 a.m. - 11 a.m. only

Tearooms - As stated only operated from April - September
Thursday & Friday - 11 a.m. - 4/4.30 p.m.
Saturday & Sunday - 11.30 a.m. - 4.30/5 p.m.

It will be appreciated on inspection that there is tremendous potential to increase the tearooms/tea garden opening hours, especially during the summer months.


Accommodation The OUTSTANDING & SPACIOUS LIVING ACCOMMODATION with FULL OIL FIRED CENTRAL HEATING, comprises:

Ground Floor
Fully fitted kitchen plus adjoining office area
Bathroom with bath, w.c. and wash hand basin

2 Staircases to First Floor comprising
2 Large Double Bedrooms

Stairs to Attic Area providing an additional Double Bedroom

In addition with access door from the first floor and situated over the tearooms is an additional Double Bedroom plus Single Bedroom

Additional Staircase to Tearooms


Outside In addition to the attractive Tea Garden there is a large private garden with lawns and flower borders.


Tenure We understand the premises are held on a secure renewable lease for a period of 12 years from the 24th June, 2006 at a current rental of only £3,000 (THREE THOUSAND POUNDS) exclusive of rates up to the 24th June, 2009, with rent review at that time and thereafter every 3 years.

Uniform Business Rates: £840 p.a. + water rates

OUTSTANDING OPPORTUNITY TO ACQUIRE A MOST ATTRACTIVE VILLAGE STORES WITH SUB POST OFFICE COMBINED WITH ADJOINING TEAROOMS IN THIS MOST SOUGHT AFTER COUNTRY LOCALITY. IN OUR OPINION THE BUSINESS OFFERS TREMENDOUS POTENTIAL FOR DEVELOPMENT IN THE RIGHT HANDS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED


Reference : G5084